Help With Inherited Collection

I wouldn't sell anything until you know what you have. What type of coins are you currently collecting?

I'm not an expert by any stretch of the imagination, but I've got a good idea of what I have. My weak point is grading, I have to get out my " ANA Grading Standards" book every time. I know enough to check for key dates.

In general, these coins are the more common dates of various types. They range from Barber dimes up through Kennedy halves, the older coins are mostly G condition, newer coins range from F to AU. I have checked various coin guides & sale prices for comparable coins on ebay, & haven't found anything rare or special that I want to sell. I am keeping what I consider to be the best coins, which would include an 1869 3 cent piece in XF, and a 1921 Peace dollar in VG. There are also some key date coins that I have not decided what to do with, they are all in AG to G condition.

My collection is pretty varied. I have some modern commemoratives and several mint or proof sets. I have some slabbed coins, but the majority are ones I have picked up here & there over the years. Almost everything I have is US, although I do have a few foreign coins.

All good advice!!

Welcome to the forum!!

trdhrdr007,

Once you've made the decision as to what you want to get rid of, and you're still not sure as to how to go about selling the coins you want to get rid of, you might want to go to the "navigation window" in the left column, and click on "coin consignment". Bobby and Susan run this forum, and I'm sure they would be more than happy to assist you once you've made your choice as to which direction you want to go with your excess coins.
Just my Two Cents worth.

Ralph

New to the forum as a contributor. Old to colecting.

I recently had the same problem as you with a twist. I collect high grade/value 17th and 18th century stuff but started out collecting in my teens with my Dad, going through bank rolls etc. My Mom asked to sell Dad's collection. He'd already sold off most of the good stuff.

The rest was a boatload of used stuff. A lot of common date Morgans and early well-worn type type stuff. And a lot of type/proof sets from the mid sixties on. Also a lot of early worn Lincoln cents etc.

Bottom line: I told my Mom it was probably worth $4-6K.

After about a year I sold it for her (I would probably have paid her $5K to buy it (for remembrance) but thinking siblings thinking I was ripping off Mom made me not make the offer).

I ended up sending it all to Heritage to be auctioned off. Ended up making about $5500 for my Mom. It was alot of of work.

My experience with Heritage is if it is worth slabbing, slab and sell it there. If it's not, don't go to their Galleria to sell off your common stuff, bullion like stuff and common proof/mint sets. Find a dealer or another collector to buy it for less than published values (can you say "handling fee" when looking at dealer prices for common stuff, they've all got a ton).

I thought about ebay but the hassles for unslabbed large volumes was intimidating, more than it was worth.

If you're into the game of ebay, and just want the experience fo going through the process, it would probably be rewarding.

quote:

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There is a buy/sell/trade/auction section on the forum if you scroll down a bit

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This is a valid point as long as you're not in a rush. You need a minimum of 50 posts with the forum to start buying and selling here. But it seems like you may be doing research for a little while so reaching 50 posts and contributing to the forum shouldn't be too hard.

My honest suggestions are ebay and/or contacting Bobby and Susan here for consignment. Both of these options have a pretty big "network" of coins collectors watching...

Let me say that I appreciate everyones opinion. I am not in a big hurry to move these coins, the auction here may be an option. If not I am leaning towards consignment. This is not a large collection, so it might not be worth consigning. Most of these coins are fairly common, and I strongly suspect that in a lot of cases they might be worth more in melt value. However, I would rather see them go to someone who would appreciate them as coins.

I guess it may be helpful for me to give a general list. If I have a date that is fairly rare I'll note it, so here goes:
9 Peace dollars, (1921)
5 Morgans, a couple really nice
6 Barber dimes
80+ Mercury dimes, (1921-D)
All Roosevelts from 1946-1963, except 1955-s, plus some duplicates
8 Standing Liberty quarters
5 Barber halves, (1896-O)
21 Walking Liberty halves
9 Franklins Halves
17 Kennedy halves, 12 are 64's in AU or better
G. W. Carver Half
100 Buffalo nickles
4 Indian Head cents
Almost all Jefferson nickles from 1938-1963
All 1941-1963 Lincoln Cents
A bunch of 1909-1940 Lincoln Cents
A couple mixed rolls of cents
A couple mixed rolls of nickles
A pile of Foreign coins
A few foreign notes
$20 Federal Reserve Note, series 1950B


Keep in mind that my Dad pulled these from circulation, so they are not in the best condition. Unless someone starts to complain I will probably be posting pictures in the grading area over the next few weeks. I'm hoping this will give me an idea of what I've got while improving my meagre grading skills.

Please post as many as you like in the grading section. That's what it's there for. We will all do our best to help you out. Please make sure that you start a new thread for each coin and provide large, clear pics (about 5"x5" is good). Put the date and type in the subject line. This way, you will get members who are more experienced in a particular series looking at your coins.